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20130106
20130106
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KNTV (NBC) 3
KGO (ABC) 2
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
FOX News
Jan 6, 2013 8:00am PST
be the nominee for defense secretary. congress has two months to fix the debt ceiling before the u.s. may have to default on its bills. so the president comes back from a nice vacation in hawaii, he comes back to big issues that they have to tackle. sequestration, the debt ceiling, spenning. he is enjoying his last few minutes here on the plane, taxiing and he will head back to the white house with his family. >> jamie: molly, thank you. >> can washington come up with a plan to raise the debt limit without burying the count country in more debt? we have a former spokesperson for former governor jeb bush. happy new year. justin, the president says there won't be any negotiating t. needs to be raised -- period. what do you think? >> i think it's remarkable. it's as if the election meant that president obama has been elected king. the republicans compromised on a very important principle. they didn't want to raise taxes. president obama wanted to raise taxes, they compromised. now president obama is issuing a no-compromise to the congress, to the american people -- 48% didn't rote for president obama. it's very disrespectful. he should try to bring the republicans together and show leadership and agree if the de
ABC
Jan 6, 2013 8:00am PST
quote coming up, the sequester, the debt ceiling and the continuing resolution to operate the government. why not sit down and not wait until the last minute to get these matters resolved? look, the biggest problem confronting the country is not taxes, it's spending. we don't have this problem because we tax too little. we have it because we spend too much. we now have a $16.4 trillion national debt, as big as our economy. that alone makes us look a lot like greece. this administration has driven spending from 21% of our economy up to almost 25% of our economy. we've got to stop using the credit card, and any opportunity we have to engage the other side in a discussion about quitting the spending spree, we're going to engage in. >> and the question is, how do you follow through on your strategy, and, you know, a lot of your allies are worried about that prospect. "the wall street journal" editorial page said "the political result would be far worse if republicans start this fight only to cave in the end. you can't take a hostage you aren't prepared to shoot. do the two gop leaders have a bett
CNN
Jan 6, 2013 12:00pm PST
clash again over raising the u.s. debt ceiling. back in the old days, the u.s. had a snl where every time a bill involving money was passed, the treasury had to raise money for by issuing bonds. the debt ceiling law was given the u.s. treasury the flexibility to borrow money. it had nothing to do with spending control or debt control. it was a technicality. most functioning countries don't have any such thing because they understand that if the government spends the money. it has to pay the bills. republicans seem to think that the debt sealing is a good tool to limit how much the government spends, the current debt ceiling was hit on december 31st, but like last time, the u.s. treasury is using extraordinary measures to ghet get it through and sometime late february, early march, they might. if congress doesn't act by then, the government risks not being able to pay some bills. if that's not enough. by march 1st, we could be heading off the sequester cliff. that's because the fiscal cliff deal that passed last week put off what to do with government spending for two months. blanket cuts are still mandated by law to take effect unless both parties can agree to more targeted
MSNBC
Jan 6, 2013 9:00am PST
ratcheting up the rhetoric over the next looming battle, the debt ceiling. republican leader mitch mcconnell says the tax issue is behind us now, and the president needs to lead on spending cuts. but democratic leader nancy pelosi says cutting spending and raising the debt ceiling are two separate issues. >> i wish the president would lead us in this discussion rather than putting himself in a position of having to be dragged kicking and screaming to the table to discuss the single biggest issue confronting our future. until we adjust the entitlements so that they meet the demographics of our country, we can't ever solve this problem. >> if you say to somebody, shall we cut spending in order to reduce -- to raise the debt ceiling, it sounds almost logical, but the two are completely separate. the debt ceiling is about spending that has already occurred. you're going to say, i'm not going to pay my bills unless you stop buying stuff, well, then, stop buying stuff so you don't have future bills. but right now we have to pay the bills that have been incurred. >> joining me now, contributing editor for "newsweek" and
FOX
Jan 6, 2013 10:00am PST
increase in the national debt i wouldn't want to talk about the issue either. since the debt ceiling passed 16 months ago. the day after it passed we got a downgrade from s&p . the super committee that chris voted for fell apart like we thought it would . the only scheduled cuts to take place. we suspended them in the fiscal cliff deal. we have yet to cut one dime and now it is time to do it again. stow this is, we have to stop the madness. this is the 18 year old kid on a credit card and instead of cut tupping and putting them on a budget, barak obama said give us another one and harry reid you have to - on >> john: would you support the debt ceiling. >> i don't support not dealing with the program. this whole, the way this town works and the fiscal cliff deal, the only winners were washington, they got more money and the folk necessary ohio lost rev snaul business owners had money taken from them. politicians in washington win. 10 or 7 of the 10 wealthiest counties are in the dc area . mr. van hollen res one of those areas it is about time to say stop the madness and cut up the cre
ABC
Jan 6, 2013 8:00am PST
the fiscal cliff and other issues such as the debt ceiling. >> another member of the president's cabinet is leaving this month, secretary of state hillary clinton. we saw this week a real health scare hospitalized for a blood clot after so many questions and i'm going to bring this to you, greta, after we show some of this on fox news whether or not she was really sick. >> when you don't want to go to a meeting or a conference or an event, you have a diplomatic illness. >> you know, i'm not a doctor but it seems as though that the secretary of state has come down with a case of benghazi flu. >> and a concussion because the tree falls in the forest does it really fall in nobody hears it fall? did she really have a concussion? >> greta, you're not part of this in any way. you did not question her -- can you help explain what's behind all of these questions? >> i mean i don't get behind -- i'm responsible for what i say, number one. those are all dated before she was hospitalized, and there was not much information coming out of the state department and very early on with those -- l
NBC
Jan 5, 2013 11:00pm PST
lift the federal debt ceiling. in his weekly address, he said he will not compromise on the issues. >> if congress refuses to give the united states the ability to pay its bills online interesting consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> the nation's credit rating was downgraded the last time lawmakers threatened inaction on the debt ceiling in 2011. >>> a whale of a price for a high quality tuna. a bluefin tuna was sold for the egive lenl of $1.7 million in auction in tokyo. the major of the sushi chain was the buyer. he said although the fish was of the highest quality and color, he was surprised at that high purchase price. the fish has already been shipped to the sushi chain where a few lucky customers got a taste. no word on whether it was worth the price. >> strong swimmers proved today that it is possible to escape from alcatraz. today was the sixth annual alcatraz winter swim. people of all age
FOX News
Jan 6, 2013 9:00am PST
fight over the debt ceiling, looking at a big fight over other issues as well. you expect to see this knocking of heads in the same way we saw in the last ck, the intransigence? >> yes. absolutely. it's been interesting to watch. since the end of the fiscal cliff to watch the conventional you wisdom in washington look at what is likely to come. i think the conventional wisdom is wropg. i think that people think the republicans have learned their lesson and they are not likely to be as aggressive. they learned in the july 2011 debt ceiling fight. they are likely to be more restrained. i think the republicans now feel as though the president isn't serious about debt and deficit. he won't be serious about the debt and sev sit. they have a couple of shots here, quickly before we run into a debt crisis. they are going to take their shots and be aggressive. you are hearing from the people on capitol hill, counseling caution the last time we had a debt ceiling debate who are not. they are saying, this is the time to make a strong argument to be aggressive. >> the do-nothing congress or not?
CNN
Jan 6, 2013 6:00am PST
governor of michigan now head of the business roundtable said we ought to project debt ceilings for the next four or five years and not fight over them every time they come up and newt gingrich said it was a debt loser for the republicans to choose this as an issue. i'm saying the president should not have one of these last-minute showdowns over the debt ceiling, but we should speak in honest and i think complete terms about dealing with this deficit. it truly is a challenge we haven't faced as much as we should. >> so taking the president out of it, do you think that you could agree to spending cuts, provided you were amenable to whatever the cuts were, in order to get the debt ceiling raised? >> i can tell you that sounds like a bargain, and it sounds like a deadline that i don't want to see. what i'd rather see is a bipartisan approach starting soon, as soon as we return, between democrats, republicans and the house and the senate, talking about where we go, for example in, tax reform. there's money to be saved in tax reform. there's money to be saved in other areas. debby stab gnaw head of the senate ag committee found a way to save $23 billion in spending we don't need in the farm program and reduce the deficit. why don't the house take that up
FOX News
Jan 6, 2013 3:00pm PST
increase in the national debt i probably wouldn't want to talk about the issue either. let's look at the facts. since the debt ceiling agreement passed 16 months ago the day after it passed we got a downgrade from s&p. a week after the market dropped 1300 points. the supercommittee which chris and so many members voted for fell apart like we all thought it would and the only scheduled cuts that were supposed to take place we just suspended them five days ago in the fiscal cliff deal. we have yet to cut one dime from the last debt ceiling agreement and now here it is time to do it again. we got to stop the madness. this is the 18-year-old kid on the credit card and they maxed out the credit card. instead of cutting it up and putting them on a budget barack obama says give us a new credit card and by the way, harry reid you don't have to pass a budget in three years. this is crazy. >> would you support this year letting the debt ceiling deadline last? >> what i won't support is not dealing with the problem. americans sent us here to deal with the problem. the way this town works this f
CNN
Jan 5, 2013 4:00pm PST
the debt ceiling. the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says he's taking a hard line on the issue. >> one ning i will not compromise over is whether or not congress should pay the tab for a bill they have already racked up. if congress refuses to kbif the united states its ability to pay its bill on top, the consequences could be catastrophic. last time congress threatened this course of action, our economy suffered for it. our families and our businesses can not afford that dangerous game again. >> on the first day of the new congress, lawmakers introduced nearly a dozen bills related to gun violence. they come in the wake of the connecticut school shooting and promises from president obama to take concrete action to avoid another tragedy. >> reporter: as students at sandy hook elementary return to class, former congresswoman gabrielle giffords, nearly killed in a mass shooting two years ago visited newtown, connecticut. and on capitol hill, lawmakers arrived to begin a new session of congress. with members in both chambers taking aim at guns. >> we're going to have to stand up and stiff
NBC
Jan 6, 2013 7:00am PST
federal debt ceiling. he said he will not compromise on this issue. >> the congress refuses to give the united states the ability to pay its bills on time. the consequences to the global economy could be catastrophic. the last time congress threatened this course of action our entire economy suffered for it. our families and businesses cannot afford that dangerous game again. >> president obama also says he's looking forward to working with new congress to continue to boost the economy and shrink federal deficits. >>> president obama's 2008 election campaign was fined by the federal elections commission and it's one of the largest fines ever levied. the s.e.c. fined the campaign $375,000 for failing to report the identities of donors who contributed $2 million in the final weeks before the election. the fines followed an s.e.c. audit after complaints by the republican national committee and other groups. >>> we've got lots more ahead for you on "today in the bay." coming up, it's one of the island's newest treasures. the one major problem that's threatening this treasure island statue.
MSNBC
Jan 6, 2013 11:00am PST
republicans announce, we will take the debt ceiling off the table. we have other power to use. let's get rid of that issue right now. that would be great for the economy because there would be some certainty that we're not going down this crazy -- >> i think if mcconnell had said that this morning, the markets would have gone up 200 points. >> newt gingrich and i probably disagree radically on what needs to be done, because i think we need more revenue than we got in this deal. but the other thing is we forget how much we have already done. there has been one deal after another after another that has cut spending very significantly. and that's why to say it's now only about spending and no more revenue on the table is just a big mistake. we have cut a lot. >> you would get broad widespread agreement if the revenue argument was, as simpson-bowles have suggested, a vast simplification of the tax code. this latest deal complicated the tax code. continued corporate welfare. simplify the tax code. close the loop holes, lower the rates, you would get broad agreement. unfortunately, that has never been part of the dea
MSNBC
Jan 6, 2013 12:00pm PST
debt limit. >> if you raise the debt ceiling by a dollar, you should cut spending by a dollar. that is the way to go forward. >> dealt with the revenue issue. now the question is will the president lead? you know why should we have to be bringing him to the table? why isn't he leading us in the direction of beginning to solve our long-term debt and deficit problem? it's perplexing to me that the president of the united states, elected to lead the country, is so reluctant to engage on the most important issue confronting our future. >> nbc news white house correspondent peter alexander joins us live now. pete, the president has been pretty adamant here in the past saying that he will not compromise over raising the debt ceiling and that reducing the deficit has to include some sort of balance new revenue and spending cuts. do we expect him to give in at all? >> nice to hear the sound lights from lindsey graham and mitch mcconnell. you can see the holiday cheer has made it well into the beginning days 2013 right there. continued antagonism on both sides right now with tough talk as we go forward. remember this debt ceiling. we hit that. our natio
Search Results 0 to 16 of about 17 (some duplicates have been removed)